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留学参考:Handicapping Your Elite MBA Odds (201702) (27-1)  

2017-03-01 05:51:59|  分类: DIY留学综合信息 |  标签: |举报 |字号 订阅

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留学参考:Handicapping Your Elite MBA Odds (201702) (27-1)

 

 

By  JOHN A. BYRNE & SANDY KREISBERG ON FEBRUARY 27, 2017

 

He’s a first generation college student and American who teaches at an inner city charter school. He’s taking the GRE because he’s not strong in math and has a 3.63 grade point average from a state school. This young professional wants an MBA to transition to a non-profit education consulting firm.

A 25-year-old Asian American based in New York, she works for a healthcare tech firm after doing a stint with Teach for America. With a 700 GMAT and a 3.6 GPA, her short-term goal out of business school is to land a job with a non-profit consulting outfit.

After stints at Ernst & Young and the World Bank, she joined a solar energy startup in Nairobi where he works in fundraising. With a 650 GMAT and two degrees from the Sorbonne in France, this young Tunisian professional hopes to go to business school to land a job in impact investing.

What these three MBA candidates and more share in common is the desire to get through the door of a highly selective MBA program at one of the world’s very best business schools. Do they have a chance?

Sanford “Sandy” Kreisberg, founder of MBA admissions consulting firm HBSGuru.com, is back to analyze these and a few other profiles of actual MBA applicants who have shared their vital statistics, work backgrounds, and career goals with Poets&Quants.

As usual, Kreisberg handicaps each potential applicant’s odds of getting into a top-ranked business school. If you include your own stats and characteristics in the comments, we’ll pick a few more and have Kreisberg assess your chances in a follow-up feature to be published shortly. (Please add your age and be clear on the sequence of your jobs in relaying work experience. Make sure you let us know your current job.)

Ms. World Bank Plus

  • 650 GMAT (will retake with aim to get a 710)
  • 11 out of 20 GPA
  • Undergraduate degree in international economics from the Sorbonne
  • Master’s degree in international economics from the Sorbonne
  • Work experience includes Ernst & Young in Tunisia for a year and one-half as a consultant, then three and one-half years as an operations analyst at the World Bank, and more recently works in fundraising for a startup in solar energy in Kenya
  • Goal: To work for an impact investment fund or a foundation
  • Fluent in English, Arabic and French
  • Young woman from Tunisia

Odds of Success:

Columbia: 10% to 20%
Stanford: 10%
London: 30% to 40%
INSEAD: 40% to 50%
Oxford: 50%
IE: 50%

Sandy’s Analysis: Just the way you present, you can go either way. You could be a very powerful interesting person with a lot of interesting jobs and an interesting background. But there is also some evidence here that you could be a bit frazzled for the same reasons. You’ve jumped around in a number of jobs and you are now working at an undefined startup in Kenya. It’s important for you to make the presentation as standardized as possible. Claiming you want a job in impact investing could be just a dream. The only people who get those jobs already have an investment background. Make your profile as standard as possible.

If the startup you work for has some independent investors or private equity money in it, that is important and you should let schools know the firm is venture backed. If that is true, it should be on your resume. You should have the name of your startup, a private equity backed solar energy firm in Nairobi with 200 employees. Otherwise, saying you work for a startup can mean anything. It can mean that you’re working on a company with your cousin. Obviously, you get more credibility with admissions if you are employed by a firm that is supported by credible investors.

I totally agree with you on retaking the GMAT. You need to get a higher score for many of the schools that you want to apply to. It’s hard to get into any elite U.S. school with a GMAT score below 700.

I don’t think you’re getting into Stanford. The school would like a lot about your profile but you are going to have a hard time there because you’re just not their standard package for do-gooders. Here’s how someone like you gets in at Stanford: You go to the Sorbonne and get a first there, you check in witha 730 GMAT, you stay at the World Bank, and you land a known position at the World Bank for hot shots.

At Columbia, it’s almost the same thing but less. Columbia reads applications with skepticism, not with love, particularly if you can’t get the GMAT up. To get into Columbia with a below 700 GMAT and a below average GPA is real hard.

On the other hand, you are a classic INSEAD or London Business School applicant. Show me the money and you could go. You’re a Euro person with high potential, fluent in three languages, with work experience in different geographies. That’s the profile of a successful MBA applicant to INSEAD or LBS.

 

Mr. Inner City Teacher

  • 320 GRE Practice Test
  • 3.63 GPA
  • Undergraduate degree from a state school
  • 3.09 GPA
  • Master’s degree in special education from a city college
  • Work experience includes four years of teaching in an inner city charter school after a stint with Teach for America
  • Extracurricular involvement in creating an organization at his school to enhance student growth
  • Goal: To work for a non-profit education consulting firm to create reforms in public/charter schools and create “my innovation techniques to increase student success with hopes of eventually creating my own charter schools”
  • “Taking GRE because I’m not super strong in math”
  • First-generation black male and first generation American

Odds of Success:

Harvard: 30%
Stanford: 20%
Wharton: 20%

Sandy’s Analysis: Let’s start with the fact that you are a black male, a first gen college student and a first gen American. Those are all pluses and is very attractive off the bat for these schools, along with your 3.63 from a state school. Those are anchors for good business school application. Your GPA shows that you are able to sit still, pay attention, absorb information and spit back stuff on exams which is what schools are looking for.

So let’s deal with the GRE scores you have gotten on your practice tests. You say you are getting a 320 average. As most of our readers know, the GRE is scored from 130 to 170. So the top score is a 340 and you’re just 20 points below that. At Stanford, the average is 164 on both the verbal and quant. So the overall average at Stanford is 328, probably the business school with the highest average. So if you can really score a 320, that’s really good (see Average GRE Scores At The Top 50 U.S. Business Schools). You’re in the general ballpark, not even the underrepresented minority ballpark. So my advice to you is to really study for the GRE and get your practice score.

The other interesting thing about you is that you did Teach for America and is now in your fourth year of an inner city charter school. So your only work experience is teaching. That is a little unusual and a wrinkle in your profile. In an ideal world, for your MBA application at least, you should have done two years of teaching and then moved onto a consulting firm for more of a mainstream feeder job into an elite business school. That would have given you a more favorable profile, especially for the schools on your target list, because those jobs are more selective. Nobody wants to make a judgment on your intrinsic qualities. It’s why they look at GMAT, GPA scores, where you went to school and where you work. They just want to know what filters you’ve passed through.

Your goals are okay. In order to work for a non-profit education consulting firm, it would help if you had a list of three of these firms and used that as a base for creating your own charter school. The issue this raises is why are you not applying for a master’s or a PhD in education instead of an MBA. I’m sure if you looked at the Harvard ed school website, you could get a PhD in charter schools and with a doctor of education you could get the same job at a consulting firm like McKinsey in their education practice. So you have an added burden to explain why you want an MBA, especially because you already have a master’s in special ed. If you can get a 320 GRE, you would walk into Harvard ed school.

At Harvard, I think your odds are 30% if you can write a good essay and get through the interview. At Stanford, I think you have a 20% chance if you can get the 320 GRE. Wharton is going to be the least romanced by you. They are more cynical. They care more about the numbers. And they might think you would have trouble in a quant program and wonder what would you want in our MBA program.

Bottom line advice: Look into education school and think about that as another option for you to get to your goal.

 

Ms. Healthcare Tech

  • 700 GMAT
  • 3.6 GPA
  • Undergraduate degree from New England Small College Athletic Conference school (not Williams, Amherst & Middlebury)
  • Work experience includes two years with Teach for America and one and one-half years with a healthcare tech firm that sends quite a few candidates to Top 10 schools
  • Extracurricular involvement with local education organizations and a local food bank
  • Short-term goal: Non-profit consulting
  • Long-term goal: Education technology
  • “I believe my recommendations are very strong! Strong essays as well”
  • 25-year-old Asian-American woman based in New York

Odds of Success:

Berkeley: 25%
Dartmouth: 20% to 30%
Columbia: 20%
New York: 30% to 35%
Duke: 30% to 35%
Virginia: 30% to 35%

Sandy’s Analysis: In a nutshell, your profile is what I call silver and not gold, every aspect of it. The GMAT is 700. That’s okay but it’s not great. The GPA is 3.6 which is good, but not gold. The schoolings is good but it’s not Amherst or Williams which would be considered near Ivy. So for better or worse, every aspect of this profile is silver, not gold.

Then, you did two years at Teach for America which is a gold substitute. And then you switched over to a healthcare tech firm that sends candidates to Top ten schools. I wish I knew the name of the firm and its size. I suspect the firm is silver, too, and you seem to understand that in the school’s on your target list which has only one M7 MBA program, Columbia Business School. Healthcare tech is a booming field but it could mean a lot of things.

Your long-term goal is educational technology which is a good goal. So you were at TFA, a goody-goody gig which means you put up with it and you got added value of it by staying two years. Then, you went to healthcare and learned about the intersection of a good thing in technology and health. Switching to education tech makes sense. But your short-term goal of non-profit consulting doesn’t line up. Your short-term goal should be to work for an edtech company. Or, if you want a consulting perspective, you should say you want to work for an education consulting company.

That lines up more cleanly for business school admissions. Instead of the golden road to your goal, you’ve created the silver road once again. It’s a small thing but you could sharpen this up by saying you want to work for an educational consulting company, particularly one that helps schools adapt leading technology, with a long-term goal of becoming a leader in the educational consulting business or for a edtech company and then you should cite a few examples. It just makes you sound serious, given your background.

Let me just take a slight detour here and point out that one of the greatest research tools for applying to business school is Google. People think they are beyond it. If you went to Google and searched for leading edtech companies the first page would list a lot of companies. If you just read about those companies for an hour, you would educate yourself with the lingo and what is going on in the industry.

One of the things adcoms are concerned about is whether they can get you a job. That’s why your goals are an important part of your application story. Schools don’t want unemployed people hanging around. It looks bad on their rankings. The number of people employed after three months is a key stat on the rankings.

Your school choice is quite good. Let’s start with the preppy archipelago. As a NESCAC person who did TFA and now healthcare tech, that’s a vision. Tuck, Fuqua and Darden are perfect schools for you. I think you are their type. The feeder schools to Tuck are dominated by small elite liberal arts schools in New England.

Columbia might just reject you on the GMAT. If they are going to take a hit on a 700 GMAT, they just might take someone else. Your odds at Berkeley are low because you’re not from there and I don’t see it as a match. If you really want to go there, you need to go out there and lobby them. Stern is in New York and you work in New York, plus NYU has a big ed school so it could be a good choice and your chances there could be 30% to 35%.

Let me give you some tough love: Get a 720 GMAT, even if you have to take the test two more times. It could really make a difference in this profile. Otherwise, you are solid silver. If you had anything that is a hybrid of gold and silver like a 730 GMAT that will help you. This has nothing to do with you; it has to do with the state of business school admissions. You are in a vast sea of people with 3.6 and 700 GMATs and pleasant lives and nice families. And the business schools like Berkeley, Columbia and even Tuck are influenced by this.

You know the saying: “It’s just as easy to marry someone who is rich as it is to marry someone who is poor.” In MBA admissions, it’s just as easy to admit someone with a 730 as it is to admit someone with a 700. It’s a terrible state of affairs.

 

 

 

以上内容摘自:

http://poetsandquants.com/2017/02/27/handicapping-elite-mba-odds-9/ 

 

 

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